DOT zone of indecision
DOT after recent crash shows a zone of indecision. MACD gives us a point of divergence which indicates a possibility of upcoming growth. Eliott Waves Oscilator gives us a picture of smooth upward movement and trend change for that indicator. For that growth movement DOT will need to exceed main point of resistance at 16.2-16.3. When that happens, DOT will surely regain it's level at 17 cents. To prepare for this we've made this buy setup below:
Buy price: 15.560 - 15.610
TP: 17.110
SL: 14.760
Buy price: 15.560 - 15.610
TP: 17.110
SL: 14.760
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